Balancing Innovation and Risk: AI Leadership at T. Rowe Price

Technovation with Peter High (CIO, CTO, CDO, CXO Interviews)

What does it really take to scale AI responsibly across a global enterprise?

In this episode, Ramon Richards, Chief Technology Officer at T. Rowe Price, shares how his team is advancing AI capabilities with discipline and speed—balancing innovation with the need for risk controls, data readiness, and workforce enablement.

Ramon unpacks T. Rowe Price’s multi-pronged approach to artificial intelligence, from founding an AI Labs function to piloting autonomous agents, all while modernizing infrastructure and investing in talent development.

Key topics include:

• Building an enterprise AI strategy with embedded risk and legal oversight

• Launching “ChatTRP” to enable AI access across the organization

• Preparing data and cloud architecture for scaled GenAI use cases

• Developing human-in-the-loop frameworks and change management tactics

• Piloting agentic AI to explore the future of autonomous workflows